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Property profile & analytics
OFF-MARKET
Auto shops
700 Washington St Falls Church, VA 22046-4018
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0068835
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1945
Construction
TYPE NOT SPECIFIED
Total area
2,970 SF
Lot
0.1 ac (4,326 SF)
Zoning code
B-3 GENERAL BUSINESS
APN
52-401-001
UPID
US87-0068835
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Virginia Auto Repair Center Auto Repair Shop
-
Discovery Auto Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pajl INC · 20 yrs held
Pajl INC
since 2006
4 recorded transactions
Zoning & alternative use
B-3 GENERAL BUSINESS · Falls Church, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,009
Tax year 2023
Assessed value
$407,200
Assessed 2024
Previous assessed
$345,000
+18.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$324,400
Assessed improvement
$82,800
Land market value
$324,400
Improvement market value
$82,800
Total market value
$407,200
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1945
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Total area
2,970 SF
Lot
0.1 ac (4,326 SF)
Zoning code
B-3 GENERAL BUSINESS
APN
52-401-001
UPID
US87-0068835
Jurisdiction
FALLS CHURCH CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
B-3 GENERAL BUSINESS · Falls Church, VA
Zoning B-3 GENERAL BUSINESS · permitted uses
B-3 GENERAL BUSINESS · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Pajl INC
Entity
Free & Clear · 20 yrs held
Mailing address
2621 N SYCAMORE ST, ARLINGTON, VA 22207-1040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2006
$925,000
Pajl INC
Park,tae Y
Grant Deed
—
Apr 4, 2006
$925,000
Pajl INC
Park,tae Y
Grant Deed
$175,000 · United Bank
Apr 6, 2004
$200,000
Tae Y Park
Park,tae Y
Grant Deed
related
—
—
—
Tae Y Park
—
Deed Of Trust
related
$180,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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